Dry Cleaning Station
Dry cleaning & alterationsBackground
Founded: 1990 Franchising since: 1992
Franchisor has 10 employee(s); 2 employee(s) in franchise department.
Franchise Growth
Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North carolina, North dakota, New hampshire, New jersey, New mexico, Nevada, New york, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode island, South carolina, South dakota, Tennessee, Texas, United states, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming
Worldwide
Exclusive territories available.
|
8301 Golden Valley Rd., #240 Minneapolis, Minnesota 55427 |
Phone: (800)655-8134 |
Franchisor has 10 employee(s); 2 employee(s) in franchise department.
Franchise Growth
| Year | U.S. Franchises | Canadian Franchises | Foreign Franchises | Company Owned |
| 2008 | 81 | 0 | 0 | 0 |
| 2007 | 91 | 0 | 0 | 0 |
| 2006 | 95 | 0 | 0 | 0 |
| 2005 | 74 | 0 | 0 | 1 |
Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North carolina, North dakota, New hampshire, New jersey, New mexico, Nevada, New york, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode island, South carolina, South dakota, Tennessee, Texas, United states, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming
Worldwide
Exclusive territories available.
Costs and Fees
|
Total investment: $75K-707.5K Franchise fee: $25K-45K |
Ongoing royalty fee: 4-5% Term of agreement: 15 years, renewable |
Type of Financing Available
| In-House | Third Party | |
| Franchise Fee | No | Yes |
| Startup Costs | No | Yes |
| Equipment | No | Yes |
| Inventory | No | Yes |
| Accounts Receivable | No | No |
| Payroll | No | No |
Third-party financing source(s): Wells Fargo & Comerica
Qualifications
Net worth requirement: $100K-500K
Cash liquidity requirement: $30K-200K
Business Experience:
- General business experience
- Marketing skills
Operations
- 58% of all franchisees own more than one unit
- Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)
Training and Support
Training
Ongoing Support
Marketing Support
- Available at headquarters: 1-3 weeks
- At franchisee's location: up to 1 week
Ongoing Support
- Newsletter
- Meetings
- Toll-free phone line
- Grand opening
- Internet
- Security/safety procedures
- Field operations/evaluations
Marketing Support
- Co-op advertising
- Ad slicks
- Regional advertising
Rankings
Franchise 500® rank:
#231 (2007); #440 (2006);
Fastest-Growing Franchises:
#83 (2006);
America's Top Global Franchises:
#167 (2007);
#231 (2007); #440 (2006);
Fastest-Growing Franchises:
#83 (2006);
America's Top Global Franchises:
#167 (2007);